Analysts Conflicted on These Utilities Names: Southern Co (SO) and Constellation Energy Corporation (CEG)
Analysts have been eager to weigh in on the Utilities sector with new ratings on Southern Co (SO) and Constellation Energy Corporation (CEG).
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Southern Co (SO)
Truist Financial analyst Richard Sunderland maintained a Hold rating on Southern Co today. The company’s shares closed last Friday at $96.82.
According to TipRanks.com, Sunderland is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Southern Co with a $103.00 average price target, implying a 6.7% upside from current levels. In a report issued on April 20, Seaport Global also downgraded the stock to Hold.
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Constellation Energy Corporation (CEG)
In a report released today, David Arcaro from Morgan Stanley maintained a Buy rating on Constellation Energy Corporation, with a price target of $361.00. The company’s shares closed last Friday at $313.60.
According to TipRanks.com, Arcaro is a 5-star analyst with an average return of
Constellation Energy Corporation has an analyst consensus of Strong Buy, with a price target consensus of $380.67, representing a 25.7% upside. In a report issued on April 24, Evercore ISI also initiated coverage with a Buy rating on the stock with a $380.00 price target.
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- Southern Company price target raised to $104 from $103 at Raymond James
- Southern Company price target raised to $105 from $104 at Mizuho
- Southern Company Earnings Call Highlights Data-Driven Growth
- Southern Company reports Q1 adjusted EPS $1.32, consensus $1.21
- Southern Company sees 8%-9% adjusted EPS growth through 2028
